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Asayel in Madinat Jumeirah Living - Dubai residental property project

Cap rates, sales prices, rents and deal volumes



Sales prices for completed properties in Asayel

RoomsSize, sqmSale price, AED/sqmSale price, AED
17929,5822,337,500
211027,0372,975,000
324736,5029,000,000

Rents in Asayel

RoomsSize, sqmRent, AED/sqm/ yearRent, AED
1821,528124,857
21011,683170,000
32471,377340,000
42551,373350,000

The cap rate (rental yield) of investments into Asayel project is 4.8% on average.

The price of an apartment in Asayel is 31,046 AED/sqm on average.

Price for completed 1 bedroom apartment in Asayel is 2,337,500 AED or 29,582 AED/sqm.
Price for completed 2 bedroom apartment in Asayel is 2,975,000 AED or 27,037 AED/sqm.
Price for completed 3 bedroom apartment in Asayel is 9,000,000 AED or 36,502 AED/sqm.

Rent in Asayel is 36,502 AED/sqm/year on average for long term rent of an apartment.

Rent for 1 bedroom apartment in Asayel is 124,857 AED or 1,528 AED/sqm.
Rent for 2 bedroom apartment in Asayel is 170,000 AED or 1,683 AED/sqm.
Rent for 3 bedroom apartment in Asayel is 340,000 AED or 1,377 AED/sqm.
Rent for 4 bedroom apartment in Asayel is 350,000 AED or 1,373 AED/sqm.

About Asayel

'Asayel' in 'Madinat Jumeirah Living' area project description

Asayel is a distinguished residential development located in the heart of Madinat Jumeirah Living (MJL), an exclusive freehold community in Dubai that seamlessly blends traditional Arabian architectural elements with modern living standards. Nestled adjacent to the illustrious Burj Al Arab and offering easy access to Sheikh Zayed Road, this project provides an unparalleled combination of luxury, convenience, and cultural richness.

The Asayel project is designed to evoke the charm and beauty of classic Arabian architecture, while incorporating contemporary design features to meet the demands of modern urban living. The buildings are adorned with intricate detailing, arched colonnades, and expansive wind towers, reminiscent of traditional Middle Eastern structures. The use of earthy tones and natural materials further enhances the aesthetic appeal, creating an inviting and harmonious living environment.

Comprising a collection of impeccably designed one to four-bedroom apartments, Asayel offers a range of unit layouts to cater to diverse lifestyle preferences. The residences are characterized by spacious interiors, high-quality finishes, and large windows that allow for an abundance of natural light. Each unit features a private balcony, providing residents with stunning views of the community's lush landscape, pristine courtyards, and the iconic Burj Al Arab.

One of the standout features of Asayel is its emphasis on creating a sense of community and promoting an active, outdoor lifestyle. The project is centered around beautifully landscaped open spaces, pedestrian-friendly pathways, and numerous communal areas where residents can unwind and socialize. A variety of amenities are available within the development, including swimming pools, fitness centers, children's play areas, and retail outlets, ensuring that every need is catered to within close proximity.

Security and privacy are paramount at Asayel, with a 24-hour security service, controlled access, and ample parking facilities for residents and guests. The community is also designed to be environmentally sustainable, incorporating energy-efficient systems and green building practices to minimize its environmental footprint.

In addition to its internal amenities, Asayel residents benefit from the wider offerings of Madinat Jumeirah Living and its prime location. The community is a short stroll from the enchanting Souk Madinat, with its array of upscale restaurants, cafes, and boutique shops. Proximity to close by cultural landmarks and entertainment venues further amplifies the appeal of living in this luxurious development.

Asayel in Madinat Jumeirah Living represents an exceptional opportunity for those seeking a premium residential experience that combines heritage, comfort, and modernity in one of Dubai's most coveted neighborhoods.

Q&A on Asayel

What are the advantages of 'Asayel' project in Dubai for property buyers? What are the disadvantages?

Advantages of 'Asayel' project in Madinat Jumeirah Living:

1. Prime Location: Situated in the heart of Dubai, providing easy access to iconic landmarks like Burj Al Arab and the beaches of Jumeirah.
2. Luxurious Lifestyle: High-end amenities including swimming pools, fitness centers, community retail, and extensive landscaping.
3. Architectural Excellence: Modern Arabian design that harmonizes tradition with modernity.
4. Connectivity: Proximity to major highways and public transport options, allowing for convenient travel across Dubai.
5. Community Experience: Family-friendly environment with schools, parks, and healthcare facilities nearby.
6. Investment Potential: High demand for rental properties in this desirable area, potentially leading to strong rental yields.
7. Developer Reputation: Backed by a reputable developer known for quality construction and timely delivery.

Disadvantages:

1. Cost: Higher price per square foot compared to other areas in Dubai, which might not be suitable for all budgets.
2. Traffic: Potential for congestion due to the popularity of the area and tourist attractions nearby.
3. Construction Delays: As with any large development, there can be delays which could affect planned move-in times.
4. Service Charges: Higher service and maintenance charges in luxury communities.
5. Noise Levels: Proximity to popular tourist areas may lead to increased noise and activity levels.
6. Limited Availability: High demand for these units can mean limited availability, making it challenging to find the perfect property.
7. Regulation Changes: Potential for changes in property laws or regulations that could affect ownership or rental yields in the future.

What projects are better than 'Asayel' project in Dubai which are located close by, and why?

Madinat Jumeirah Living (MJL) is an exclusive freehold residential development in the heart of Dubai, known for its luxurious yet comfortable living environment. Asayel is one of the sought-after projects within MJL, but there are other notable projects in the vicinity worth considering. Here are some alternatives and why they might be preferable:

1. Lamaa at Madinat Jumeirah Living
Why It's Attractive:
- Top-Notch Amenities: Lamaa offers luxury amenities including state-of-the-art gyms, swimming pools, and landscaped parks.
- Proximity to Souk Madinat Jumeirah: Quick access to retail and dining experiences.
- Views: Stunning views of the iconic Burj Al Arab.

2. Rahaal at Madinat Jumeirah Living
Why It's Attractive:
- Design and Layout: Sleek and modern Arabian-style architecture offers an aesthetically pleasing living environment.
- Community Spirit: Strong focus on creating a sense of community, with multiple social spaces.
- Facilities: Extensive range of high-quality amenities with attention to family-friendly living.

3. Madinat Jumeirah Residences
Why It's Attractive:
- High-end Finishings: Luxuriously finished interiors and high standards of construction.
- Exclusive Access: Residents enjoy unique access to the Madinat Jumeirah Resort facilities.
- Location: Arguably the most prestigious address within MJL, providing unparalleled proximity to leisure and entertainment spots.

4. Jomana at Madinat Jumeirah Living
Why It's Attractive:
- Innovative Architecture: Offers a blend of traditional and contemporary design aesthetics.
- Sustainable Living: Focused on eco-friendly living solutions and sustainable building practices.
- Lifestyle Amenities: Features a range of amenities including fitness centers, swimming pools, and dedicated children’s play areas.

5. Burj Al Arab Residences
Why It's Attractive:
- Exclusivity: Ultra-luxurious residences with personalized services and premium amenities.
- Iconic Views: Direct, unobstructed views of the Burj Al Arab, offering a true luxury living experience.
- VIP Lifestyle: Access to a range of services and facilities that cater to a high-end lifestyle, including fine dining, concierge services, and beach access.

## Key Considerations:
- Location: All these projects offer prime location advantages within the Madinat Jumeirah Living area or its immediate surroundings.
- Lifestyle: Each project has a slightly different focus, whether it be on community living, luxury amenities, or sustainable practices.
- Views: Proximity to iconic Dubai landmarks like the Burj Al Arab significantly enhances the appeal of these projects.

## Conclusion:
While the Asayel project in Madinat Jumeirah Living offers excellent amenities and location, projects like Lamaa, Rahaal, and Jomana offer distinct advantages in terms of design, community feel, and luxury offerings. It's essential to pinpoint your priorities—whether it's exclusive access, high-end finishes, or specific amenities—to determine which project aligns best with your lifestyle and investment goals.

What are the closest schools to 'Asayel' project in Dubai?

1. Kings' School Dubai – Located in Al Safa, approximately 10 minutes away by car.
2. Raffles International School – Situated in Umm Suqeim, around 5 minutes by car.
3. Jumeirah College – Located in Al Safa, about 10-15 minutes' drive.
4. GEMS Jumeirah Primary School – Situated in Al Safa 1, approximately 10-15 minutes away by car.
5. Collegiate American School – Located in Umm Suqeim, around 5-10 minutes' drive.

What are the closest medical clinics to 'Asayel' project in Dubai?

The closest medical clinics to the 'Asayel' project in Madinat Jumeirah Living area in Dubai are:

1. Medcare Medical Centre Jumeirah
- Location: Jumeirah Beach Road, Jumeirah 1

2. King's College Hospital London - Dubai Hills
- Location: Dubai Hills Estate, Al Marabea Street

3. Emirates Hospital Clinic
- Location: Jumeirah Beach Road, opposite Jumeirah Beach Park, Jumeirah 2

4. Saudi German Hospital
- Location: Al Barsha 3, Hessa Street

5. Aster Clinic, Al Barsha
- Location: Near Mall of the Emirates, Al Barsha 1




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